One of Australia’s largest wineries has entered voluntary administration after failing to recover from the stifling impacts of the Covid-19 pandemic.
Winemasters SA, a Riverland maker established in the 1970s, appointed administrators on Tuesday, ASIC records show.
The specialist contract winery, formerly known as Riverland Vintners, offers processing services to customers, including pioneering selling bulk wine in China.
However, company director David Harris said the business never recovered from President Xi Jinping’s harsh trade restrictions during the pandemic.
‘In November 2020, President Xi said he had enough of us all and it all stopped. We lost 85 per cent of the business,’ he told the Daily Mail on Friday.
‘We never fully…